Stoxera

Invest in Your Future with Stoxera

Stock Trading

Commodity Trading

We provide in-depth stock market analysis to support smart investment decisions. Our expert team offer clear guidance tailored to your financial goals. We track market trends in real-time, ensuring you're always informed and ahead. Complex data is simplified, making investing easier for you. Each recommendation is backed by research, experience, and insight.

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Commodity Trading

Gold, Silver, Aluminium, Brass, Copper, Lead , Nickle, Zinc, Crude oil, Natural Gas on MCX

A commodity market is a place for investors to trade in commodities like gold, silver, copper, lead, zinc, aluminium, crude oil, natural gas, and spices among others. Trading in commodities is great for investors seeking to diversify their portfolio, as these investments often help with inflation. Commodity market is also help to take position to hedge.

Live Commodity Market - ▶

Option Chain - ▶

Currency Trading

Commodity Trading

Securities Lending & Borrowing

USDINR, GBPINR, EURINR, JPYINR, GBPUSD, EURUSD, USDJPY

Currency derivatives are future & options contract in which a specified amount of particular currency pair traded on pre-set date in the future options. Currency options & currency futures are dealt on ground of foreign exchange market. The foreign exchange rate is the value of foreign currency in Comparison to the domestic currency.

Live Currency Market - ▶

Option Chain - ▶

Securities Lending & Borrowing

IPO, Pre IPO and Unlisted Share

Securities Lending & Borrowing

Securities Lending and Borrowing Mechanism (SLBM) is a way through which investors can borrow or lend shares to other market participants. The platform provides a viable alternative to the derivatives market for purposes of hedging. All the borrowing and lending are Cleared, Settled & Guaranteed.

Investment Baskets

IPO, Pre IPO and Unlisted Share

Investment Baskets are a Portfolio of Stocks with the blend of the Thematic Equities.

Each basket differs in its Philosophy, Goals & Offerings & Stock Picking is done with high quality Fundamental & Tactical Strategies with Ideal Asset Allocation, a perfect blend of Large-Caps & Mid-Caps Stocks.

IPO, Pre IPO and Unlisted Share

Investing in pre-IPO or unlisted shares allows investors to buy shares at a discounted price before the company goes public, offering potential for high returns. These opportunities are usually available to accredited nvestors and involve companies with strong growth potential.

Algo Trading

Portfolio Management Services

Algo Trading is a strategy where investors use software to automatically trade stocks. The algorithm analyzes market data and executes trades at high speed, based on conditions like price, timing, volume, or technical indicators. This helps reduce emotional decisions, improve consistency.

Portfolio Management Services

PMS is a financial service provided to the clients by the fund manager where the fund manager designs a product that caters to theinvestment objectives and needs of the clients. The fund manager designs products on different categories of investors and their investment goals.

Margin Trading Facility

Portfolio Management Services

Systematic Investment Plan (SIP)

Margin trading is a facility under which investor is allowed to buy stocks by paying a marginal amount of the actual value of shares. This margin can be paid either in cash or in shares as security. It is considered as leveraging positions where stock Brokers funds balance amount.

Systematic Investment Plan (SIP)

A systematic investment plan allows the investor to invest a fixed amount in the selected Mutual Fund periodically, usually monthly on a specific date selected as per their convenience. Benefits of investing via SIP:

Rupee Cost Averaging , Convenience and Discipline

Mutual Funds

Systematic Investment Plan (SIP)

Fixed Income Instruments

Mutual Fund is an investment pool wherein money is collected from various investors to make a pooled investment in various asset

classes like equity stocks, bonds, money market instruments, commodities, etc. This enables retail investors to participate in the market in smaller denominations with the benefits of diversification.

Fixed Income Instruments

Systematic Investment Plan (SIP)

Fixed Income Instruments

A fixed-income instrument is a debt instrument issued by a government, corporation or other entity to finance and expand their operations.

Key Benefits: Lower risk v/s Equity, Lower volatility v/s Equity, Stable Income, Capital Protection and Diversification across asset classes.

Open Free Demat Account and Trading Account Online

Demat Account - Trading Account

You can open a free Demat and trading account with Anand Rathi online. Zero account opening charges and no annual maintenance charges. Click on above...

Trading App - Trademobi and Algozy

Our TradeMobi App helps you to Invest in Equities, Currency & Commodity and Derivatives with utmost ease and convenience.

Algozy helps in automated trading. Access simple trading tools to track and analyze your stock performance by downloading the app right away.

Trade Online - Trade express | Algozy
Mobile Trade MOBI App - Android Phone | iPhone
Mobile Algozy App - Android Phone | iPhone

Contact Us

Better yet, see us in person!

It is never too early to get started on your investment plans. Tell us more about your goals, and we will get you started on a plan to achieve them.

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Stoxera

11/495, Bandhu Bujhawan Lane, Ganesh Ganj, Mirzapur, UP 231001

+91.8840578228

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09:00 am – 06:00 pm

Frequently Asked Questions

Please reach us at info@stoxera.in if you cannot find an answer to your question.

What is tax treatment of buy and sale of shares in India

Tax treatment of buying and selling shares in India

The tax treatment of buying and selling shares in India depends on the holding period (how long you hold the shares before selling them) and whether the shares are listed or unlisted on a stock exchange.

1. Capital gains

Profit from selling shares is considered capital gains under the Income Tax Act. These are categorized into Short-Term Capital Gains (STCG) and Long-Term Capital Gains (LTCG) based on the holding period.

2. Listed shares

a. Holding period

· Short-term: Shares held for 12 months or less.

· Long-term: Shares held for more than 12 months.

b. Tax rates (applicable from July 23, 2024)

· STCG: Taxed at 20% under Section 111A, without indexation benefits.

· LTCG: Taxed at 12.5% under Section 112A, without indexation benefits, with an exemption of ₹1.25 lakh (meaning only LTCG exceeding ₹1.25 lakh is taxable).

3. Unlisted shares and other assets

a. Holding period

· Short-term: Shares held for 24 months or less.

· Long-term: Shares held for more than 24 months.

b. Tax rates

· STCG: Taxed at your applicable income tax slab rates.

· LTCG: Taxed at 12.5%, without indexation benefits.

4. Other key points

· Securities Transaction Tax (STT): This is a direct tax levied on all purchases and sales of equity securities on India's regulated stock exchanges. STT cannot be claimed as an expense for individuals earning profits from LTCG or STCG.

· Intraday trading: Gains from intraday trading are treated as speculative business income and are taxed at your applicable income tax slab rate.

· Dividend Income: Dividends received on or after April 1, 2020, are subject to a 10% tax deduction if the aggregate dividend paid or distributed to shareholders during the financial year exceeds ₹5,000.

· Tax Audit: A tax audit might be required in certain cases, particularly for traders with high turnovers or if profits are below a specific threshold.

Note: Tax laws can change, and it's always advisable to consult a tax professional for personalized guidance based on your specific circumstances.

What is Tax treatment of buy and sale of stock future in India?

Tax Treatment of Buying and Selling Stock Futures in India

Buying and selling stock futures in India is primarily considered a non-speculative business activity. Therefore, the profits or losses from trading stock futures are treated as business income or loss and taxed accordingly.

Here's a breakdown of the key aspects:

1. Classification:

· As per Section 43(5) of the Income Tax Act, gains and losses from trading in Futures and Options (including stock futures) are classified as non-speculative business income.

2. Taxation:

· Business Income: The profits from stock futures trading are added to your total income and taxed at the applicable income tax slab rates.

· No Capital Gains: Stock futures are not treated as capital assets, so the concept of Short-Term Capital Gains (STCG) or Long-Term Capital Gains (LTCG) does not apply.

3. Tax Audit:

· Turnover Based: If your turnover from futures and options trading exceeds a certain threshold, a tax audit may be required under Section 44AB of the Income Tax Act.

· Thresholds: The turnover thresholds for tax audit applicability vary based on whether you opt for presumptive taxation and the proportion of digital transactions.

· Reporting Losses: If you have losses from F&O trading and wish to carry them forward, you might need to undergo a tax audit

4. Expenses:

· Deductible: Expenses related to your futures trading business (e.g., brokerage charges, internet bills, trading software costs) can be claimed as deductions against your business income.

5. Losses:

· Carry Forward: Losses from stock futures trading can be carried forward for a certain number of assessment years (currently eight years)

· Set Off: These carried forward losses can be set off against future profits from F&O trading.

6. Important Considerations:

· ITR Form: Income and losses from stock futures trading are reported under the head "Profits and Gains of Business or Profession" in the Income Tax Return (ITR).

· Record Keeping: Maintaining accurate records of your futures trades and related expenses is crucial for tax filing and compliance.

· Tax Professional: Consulting a tax professional is recommended for personalized guidance based on your specific trading activities and financial situation.

Disclaimer: Tax laws are subject to change. This information is for general guidance only and not a substitute for professional tax advice.

What is Tax treatment of buy and sale of Index future and option in India?

Tax treatment of index futures and options in India

The tax treatment of buying and selling Index Futures and Options (F&O) in India falls under the category of non-speculative business income, according to Section 43(5) of the Income Tax Act. This means that the profits and losses from index F&O trading are not treated as capital gains but as business income or loss, Here's a detailed breakdown:

1. Income classification and tax rates

· Non-speculative business income: Profits and losses from Index F&O trading are considered non-speculative business income under the head "Profits and Gains of Business or Profession (PGBP)".

· Tax Rates: The income from F&O trading is added to your total income and taxed at the applicable income tax slab rates. If your total income is below the exemption limit, you won't pay any tax.

2. Tax audit requirements

· Turnover: A tax audit might be required if your turnover from futures and options trading exceeds a certain threshold.

· Thresholds: The turnover thresholds for tax audit applicability vary based on whether you opt for presumptive taxation and the proportion of digital transactions.

· Presumptive Taxation (Section 44AD): You can opt for the presumptive taxation scheme if your turnover does not exceed Rs 3 crore, In this case, you are presumed to have earned profits at a certain percentage of your turnover (currently 6% or 8% depending on the mode of payment).

3. Allowable expenses

· Deductible Expenses: You can claim deductions for expenses incurred directly and exclusively for your F&O trading business, These include:

o Brokerage and transaction fees

o Advisory fees or consultation charges

o Internet and telephone expenses

o Trading software or tools

o Depreciation on assets (e.g., computers, laptops) used for trading

o Office rent (if applicable)

o Salaries of employees or individuals assisting in F&O trading

· Maintenance of Records: It's essential to maintain proper records of all expenses with supporting receipts or bills. Cash payments exceeding Rs 10,000 to a single person in a single day may not be deductible.

4. Treatment of losses

· Set-off and Carry Forward: Losses from F&O trading can be set off against other income (except salary income) in the same financial year.

· Carry Forward to Future Years: If your F&O losses exceed your total income, the unabsorbed losses can be carried forward for up to eight assessment years.

· Set Off in Subsequent Years: Carried forward F&O losses can only be set off against future non-speculative business income

· Timely Filing: Losses can only be carried forward if the Income Tax Return (ITR) is filed on or before the due date.

5. Securities Transaction Tax (STT)

· STT on F&O Trading: STT is levied on the sale of F&O contracts.

· Updated STT Rules: As of October 1st, 2024, the STT on the sale of futures has increased to 0.02%, and on the sale of options to 0.1%

6. ITR form

· ITR-3: If you are an individual with income from Index F&O trading, you will generally need to file your Income Tax Return using ITR-3, which is designed for individuals and HUFs with income from business or profession.

· ITR-4: If you opt for the presumptive taxation scheme under Section 44AD, you may be able to use ITR-4

Disclaimer: Tax laws and regulations are subject to change. It's crucial to consult with a qualified tax professional for personalized advice regarding your specific trading activities and tax filing obligations.

How to calculate the turnover of trading in future of Index and stocks?

Calculating Turnover for Futures Trading in India

To calculate the turnover from trading in futures of indices and stocks for tax purposes in India, you need to consider the absolute profits and losses from each transaction throughout the financial year.

Here's how to calculate the turnover:

1. For each futures transaction, determine the absolute profit or loss. This is the difference between the selling price and the buying price of the futures contract, regardless of whether it's a gain or a loss,

2. Sum up the absolute values of all profits and losses from all futures transactions, This is the turnover for futures trading.

Example:

Let's assume you had the following futures trades:

· Trade 1: Bought Nifty futures at 18,000 and sold at 18,500. Profit = 500

· Trade 2: Bought Reliance futures at 2,500 and sold at 2,000. Loss = 500

· Trade 3: Bought Bank Nifty futures at 48,000 and sold at 48,200. Profit = 200

To calculate the turnover:

1. Absolute profit/loss for each trade:

1. Trade 1: |500| = 500

2. Trade 2: |-500| = 500

3. Trade 3: |200| = 200

2. Total turnover: 500 + 500 + 200 = 1200

Therefore, your total turnover from futures trading in this example would be 1200.

Important Note:

· This calculation is used for determining your turnover for tax purposes, specifically for futures and options trading which is classified as non-speculative business income.

· Your actual trading profits/losses will be calculated separately for determining your tax liability.

· The tax audit threshold for futures and options trading is based on this turnover. A tax audit might be required under Section 44AB of the Income Tax Act if your turnover exceeds a certain limit.

· You may also opt for presumptive taxation under Section 44AD if your turnover is within a certain limit.

· Expenses related to your F&O trading business can be deducted from your trading income to determine your net profit, These expenses include brokerage fees, internet expenses, and other relevant costs.

Disclaimer: Tax laws are subject to change. It's always best to consult with a qualified tax advisor for personalized advice regarding your specific trading activities and tax obligations

How to calculate the turnover of trading in option of Index and stocks?

Calculating Turnover for Options Trading in India

To calculate the turnover from trading in options of indices and stocks for tax purposes in India, you need to consider the premium paid or received on each option contract, along with the absolute profit or loss if the option is squared off or exercised.

Here's a detailed explanation:

1. For option purchases: The turnover is the premium paid for buying the option contract. This premium is considered part of the turnover regardless of whether you later sell the option at a profit or loss, or let it expire worthless.

2. For option sales (writing):

1. Premium received: The turnover includes the premium received for selling (writing) the option contract.

2. Absolute profit/loss on squaring off or exercise: If the written option is subsequently squared off (bought back) or exercised, the absolute profit or loss on this transaction is also included in the turnover.

Here's the turnover calculation for different scenarios:

Scenario 1: Buying an Option and Selling it Later

· Trade: You buy 1 lot of Nifty call option at a premium of ₹100 and later sell it at ₹150.

· Turnover:

o Premium paid on buying: ₹100

o Premium received on selling: ₹150

o Total Turnover: ₹100 + ₹150 = ₹250

Scenario 2: Buying an Option and Letting it Expire Worthless

· Trade: You buy 1 lot of Bank Nifty put option at a premium of ₹50 and let it expire worthless.

· Turnover:

o Premium paid: ₹50

o Total Turnover: ₹50

Scenario 3: Selling an Option and Buying it Back

· Trade: You sell (write) 1 lot of Reliance call option at a premium of ₹200 and later buy it back at ₹180.

· Turnover:

o Premium received on selling: ₹200

o Absolute profit/loss on squaring off: |₹180 - ₹200| = ₹20

o Total Turnover: ₹200 + ₹20 = ₹220

Scenario 4: Selling an Option and it Getting Exercised

· Trade: You sell 1 lot of TCS put option at a premium of ₹300, and it gets exercised, resulting in an obligation to deliver the underlying shares.

· Turnover:

o Premium received on selling: ₹300

o Profit/loss on exercise is also included in the turnover. If, for instance, you incur a loss of ₹50 on exercise, the turnover will be ₹300 + ₹50 = ₹350.

Key Points:

· Absolute values: When calculating the profit or loss on squaring off or exercise, consider the absolute value (ignore the sign). For example, a loss of ₹100 is taken as ₹100 for turnover calculation.

· Lot size: Remember to multiply the premium and profit/loss by the lot size to arrive at the actual turnover amount.

· Premium on Sale: Include the premium received on the sale of options, as per the eighth edition of the guidance note dated August 14, 2022, issued by ICAI and applicable from Assessment Year 2022-23,

Disclaimer: Tax laws are subject to change. It's always best to consult with a qualified tax advisor for personalized advice regarding your specific trading activities and tax obligations.

What types of investment strategies does stoxera offer?

We offer a range of investment strategies to suit your individual needs and risk tolerance, including growth, value, income, and balanced portfolios.

Does stoxera offer retirement planning services?

Yes, we offer retirement planning services to help you achieve your long-term financial goals.

What is the minimum investment required to open an account ?

Our minimum investment requirement varies depending on the type of account and investment product. Please contact us for more information.

Maximise Your Investment Potential Today

Ashish Singh

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About Stoxera

Invest in Your Future with Stoxera

Stock Trading

Commodity Trading

Commodity Trading

Commodity Trading

Commodity Trading

Commodity Trading

Currency Trading

Commodity Trading

Securities Lending & Borrowing

Securities Lending & Borrowing

IPO, Pre IPO and Unlisted Share

Securities Lending & Borrowing

Investment Baskets

IPO, Pre IPO and Unlisted Share

IPO, Pre IPO and Unlisted Share

IPO, Pre IPO and Unlisted Share

IPO, Pre IPO and Unlisted Share

IPO, Pre IPO and Unlisted Share

Algo Trading

Portfolio Management Services

Portfolio Management Services

Portfolio Management Services

Portfolio Management Services

Portfolio Management Services

Margin Trading Facility

Portfolio Management Services

Systematic Investment Plan (SIP)

Systematic Investment Plan (SIP)

Systematic Investment Plan (SIP)

Systematic Investment Plan (SIP)

Mutual Funds

Systematic Investment Plan (SIP)

Fixed Income Instruments

Fixed Income Instruments

Systematic Investment Plan (SIP)

Fixed Income Instruments

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